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<p>[QUOTE="illini420, post: 928111, member: 19423"]I'm strongly against it and would advise you not to start cracking... here's a thread I wrote regarding that subject that you may find useful:</p><p> </p><p><a href="http://www.cointalk.com/t70588/" class="internalLink ProxyLink" data-proxy-href="http://www.cointalk.com/t70588/">http://www.cointalk.com/t70588/</a></p><p> </p><p>Before cracking a single slab please think about the long term... </p><p> </p><p>What is your ultimate goal? Surely you're not just going to build a set of common dates, right? Eventually, you'll want to save up and add some of the semi-key dates and eventually the key dates to your collection. Sure, cracking a $20-$50 coin is easy, but will you feel the same way about cracking out a $250-$500 semi-key date??? How about the 1909-S VDB that's worth a couple thousand dollars???? </p><p> </p><p>Do you think the first coin you buy of a given date will be the one that stays in your collection forever??? I doubt it. Most collectors buy the best they can afford today. So today you might want to buy an MS64RD example of a date, crack it and put it in your album. But in a few years you want to get an MS65RD or even an MS66RD. At that time you'll have a real hard time selling your previous MS64RD as that grade w/o getting it reslabbed (which costs money and there is a risk it may not get the same grade).</p><p> </p><p>Are you ok with the albums toning the coins?? If you're buying MS63-65 cents I'm assuming some of them will be Red examples. If you put those in an album, most albums will tone red copper over time and will speed the transition towards red-brown and brown color (which devalues the coins, sometimes significantly).</p><p> </p><p>Most people don't like to think about it, but what if something happens to you? What do you think will be easier for your family to sell and what do you think will get your family members more money upon sale: an album with raw and ungraded examples or a box with professionally certified examples???</p><p> </p><p>Finally, if you're set at wanting to do an album, that's cool... I too have a Lincoln Dansco with a ton of bright red wheat cents (now turning red-brown). But I can promise you the set you build will cost you multiples extra by buying slabbed examples of common dates and then cracking them out. For example, I can buy a full roll of 50 1958 Lincolns that'll grade 63-65 Red or Red/Brown for less than the price it would cost you to buy a single slabbed MS65 example. Many of the common dates can be purchased for a couple of dollars each in gem red condition. You just can't buy slabs that cheap. I understand that you want to buy slabs for the security in knowing you have original coins and knowing they meet a certain grade, but you'd be far better off financially (and will likely end up with better coins) to find a dealer (either local or online) who you can deal with and trust will be giving you nice coins at relatively fair prices. I'm sure some of us on the forum could provide some recommenations to you depending on exactly what you're looking for. You might even find some good seller on eBay too, but that may take a little trial and error.</p><p> </p><p>Good luck.[/QUOTE]</p><p><br /></p>
[QUOTE="illini420, post: 928111, member: 19423"]I'm strongly against it and would advise you not to start cracking... here's a thread I wrote regarding that subject that you may find useful: [URL]http://www.cointalk.com/t70588/[/URL] Before cracking a single slab please think about the long term... What is your ultimate goal? Surely you're not just going to build a set of common dates, right? Eventually, you'll want to save up and add some of the semi-key dates and eventually the key dates to your collection. Sure, cracking a $20-$50 coin is easy, but will you feel the same way about cracking out a $250-$500 semi-key date??? How about the 1909-S VDB that's worth a couple thousand dollars???? Do you think the first coin you buy of a given date will be the one that stays in your collection forever??? I doubt it. Most collectors buy the best they can afford today. So today you might want to buy an MS64RD example of a date, crack it and put it in your album. But in a few years you want to get an MS65RD or even an MS66RD. At that time you'll have a real hard time selling your previous MS64RD as that grade w/o getting it reslabbed (which costs money and there is a risk it may not get the same grade). Are you ok with the albums toning the coins?? If you're buying MS63-65 cents I'm assuming some of them will be Red examples. If you put those in an album, most albums will tone red copper over time and will speed the transition towards red-brown and brown color (which devalues the coins, sometimes significantly). Most people don't like to think about it, but what if something happens to you? What do you think will be easier for your family to sell and what do you think will get your family members more money upon sale: an album with raw and ungraded examples or a box with professionally certified examples??? Finally, if you're set at wanting to do an album, that's cool... I too have a Lincoln Dansco with a ton of bright red wheat cents (now turning red-brown). But I can promise you the set you build will cost you multiples extra by buying slabbed examples of common dates and then cracking them out. For example, I can buy a full roll of 50 1958 Lincolns that'll grade 63-65 Red or Red/Brown for less than the price it would cost you to buy a single slabbed MS65 example. Many of the common dates can be purchased for a couple of dollars each in gem red condition. You just can't buy slabs that cheap. I understand that you want to buy slabs for the security in knowing you have original coins and knowing they meet a certain grade, but you'd be far better off financially (and will likely end up with better coins) to find a dealer (either local or online) who you can deal with and trust will be giving you nice coins at relatively fair prices. I'm sure some of us on the forum could provide some recommenations to you depending on exactly what you're looking for. You might even find some good seller on eBay too, but that may take a little trial and error. Good luck.[/QUOTE]
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